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*The Angi rating for Property Appraisal companies in Madison, MN is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Property Appraisal needs.

*The HomeAdvisor rating for Property Appraisal companies in Madison, MN is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Property Appraisal needs.

Last update on August 26, 2025

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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.1(
35
)
Appraisal - Real Estate

Serving Madison, MN and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance."
Restaurant
Response time5 hrs
Response rate89%
1993 neighbors recently requested a quote
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Property Appraiser questions, answered by experts

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

Yes, appraisals are often used for property tax appeals, estate planning, and determining market value.

While a finished basement adds value to your home, it is assigned a different value than space on the main floors. An appraiser will assess the square footage of a finished basement at about 50% to 60% of the value of the square footage for the rest of your home. Appraisal value for a finished basement depends on your location’s real estate market and the specifics of the basement and how it was finished. 

Whether a scullery is worth it depends on how much you like to cook and entertain. If you frequently host gatherings—a scullery is likely worth the money. If you’re looking for ROI, it’s not so clear. It may not add significant value to your home, as it doesn’t increase square footage and may repurpose space that a buyer would have preferred to remain as-is (like a laundry room). 

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

The Madison, MN homeowners’ guide to property appraisals

From average costs to expert advice, get all the answers you need to get your job done.

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